Asia Pacific Smart Bed Market By Distribution Channel (Specialty Stores, Supermarket/ Hypermarket, Online and Other Distribution Channels), By Application (Residential, Hospital, Hospitality and Other Applications), By Country, Industry Analysis and Forecast, 2020 - 2026

The Asia Pacific Smart Bed Market is expected to witness market growth of 6.3% CAGR during the forecast period (2020-2026).

China represents a significant share in the regional market inferable to significant home improvement ventures undertaken by customers attributable to fast urbanization and the developing buying intensity of the individuals in the area are fuelling the demand for smart beds. In recent years, Asia Pacific is moving towards the digital transformation and driving the innovation trends across the globe. The region has some of the most technological-driven nations including China, Japan, South Korea, Singapore, and India. These innovation giant nations are presenting advanced innovation in home robotization and Smart devices. These patterns of the industry are foreseen to fuel the demand for smart clocks in the region over the forecast period.

Smart beds utilized in clinics are significantly focused on enhancing the management of the patient and assisting in recovering patients in a better way. The market has gained huge traction in the healthcare area, attributable to consistent progression in Smart bed technologies, which empower the hospitals to deliver improved healthcare service to the patient. The growth in investments from the government in the hospitals to build up the most recent innovation tools, alongside smart beds, may beneficially fuel the market's development.

Smart beds combine progressed features combined with innovation that helps in comfortable adjustments during sleeping and connectivity. These features incorporate tracking of sleep, programmed bedding firmness adjustment, atmosphere control, Smart fabric innovation, movable bases, anti-snoring component, IoT, and smart home connectivity. The smart bed innovation is still in the rising stage and the innovation is anticipated to make an imprint in the consumer product segment with the increasing commercialization.

Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarket/ Hypermarket, Online and Other Distribution Channels. Based on Application, the market is segmented into Residential, Hospital, Hospitality and Other Applications. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.

The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Sleep Number Corporation, Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.), Ascion, LLC, Responsive Surface Technology LLC (ReST), Hi-Interiors Srl, Ultimate Smart Bed, and Vista Medical, Ltd. (BodiTrak).

Scope of the Study

Market Segmentation:

By Distribution Channels

• Specialty Stores
• Supermarket/ Hypermarket
• Online
• Other Distribution Channels

By Applications

• Residential
• Hospital
• Hospitality
• Other Applications

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Australia
• Rest of Asia Pacific

Companies Profiled

• Sleep Number Corporation
• Stryker Corporation
• Hill-Rom Holdings, Inc.
• Invacare Corporation
• Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
• Ascion, LLC
• Responsive Surface Technology LLC (ReST)
• Hi-Interiors Srl
• Ultimate Smart Bed
• Vista Medical, Ltd. (BodiTrak)

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